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Fly News Breaks for April 13, 2018
MDT, ISRG
Apr 13, 2018 | 07:20 EDT
Cantor Fitzgerald analyst Craig Bijou reiterates an Overweight rating on Intuitive Surgical with a $490 price target after attending the Society of American Gastrointestinal and Endoscopic Surgeons meeting. There were several scientific sessions highlighting Intuitive's robot for a broad range of procedures, Bijou tells investors in a research note. The analyst sees "several reasons" to believe that the company's momentum will continue. He notes that the uncertain timing for Medtronic's (MDT) robot remains positive for Intuitive Surgical.
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